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The Indonesia Commercial Vehicle Tire Market was valued at USD3.75 billion in 2020 and is anticipated to grow with CAGR of 3.86% in the forecast years, 2022-2026 to reach USD4.96 billion by 2026. Factors like increasing demand for commercial vehicles and rapidly increasing number of public transportations, logistics services, mining and agricultural activities are driving the growth of the Indonesia Commercial Vehicle Tire Market. Moreover, rapidly increasing production of commercial vehicles to satiate the consumer demands and increasing production of replacement and OEM tires further supports the growth of the Indonesia Commercial Vehicle Tire Market in the next five years. Speak directly to the analyst to clarify any post sales queries you may have.
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The Indonesia Commercial Vehicle Tire Market is segmented by vehicle type, demand category, tire construction type, price segment, regional distribution, and competitive analysis. Based on vehicle type, the market is further bifurcated into truck, bus/van, and OTR. Trucks are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of increasing demand for logistic services in the country. The agricultural industry is also expanding and advancing in the country since the last few years. Increasing demand for the supply of genetically modified seeds, advanced fertilizers, and other Agri-commodities to farmers in remote regions and providing transportation trucks to bring crops & products from farmers to the local & regional markets is further substantiating the growth of the Indonesia Commercial Vehicle Tire Market in the forecast years.
PT Sumi Rubber Indonesia, PT Hankook Tire Indonesia, PT. Elangperdana Tyre Industry, PT Industri Karet Deli, PT. Gajah Tunggal Tbk., PT Bridgestone Tire Indonesia, PT Multistrada Arah Sarana Tbk., The Yokohama Rubber Co., Ltd., PT Goodyear Indonesia, PT Continental Tyres Indonesia are the key players in the Indonesia Commercial Vehicle Tire Market.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022–2026
Objective of the Study:
- To analyze the historical growth in the market size of the Indonesia Commercial Vehicle Tire Market from 2016 to 2020.
- To estimate and forecast the market size of the Indonesia Commercial Vehicle Tire Market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast the Indonesia Commercial Vehicle Tire Market based on vehicle type, demand category, tire construction type, price segment, regional distribution, and competitive analysis.
- To identify dominant region or segment in the Indonesia Commercial Vehicle Tire Market.
- To identify drivers and challenges for the Indonesia Commercial Vehicle Tire Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indonesia Commercial Vehicle Tire Market.
- To identify and analyze the profile of leading players operating in the Indonesia Commercial Vehicle Tire Market.
- To identify key sustainable strategies adopted by the market players in the Indonesia Commercial Vehicle Tire Market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across Indonesia. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across Indonesia.
The publisher calculated the market size of the Indonesia Commercial Vehicle Tire Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to commercial vehicle tires
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Indonesia Commercial Vehicle Tire Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Indonesia Commercial Vehicle Tire Market, By Vehicle Type
- Truck
- Bus/Van
- OTR
Indonesia Commercial Vehicle Tire Market, By Demand Category
- Replacement
- OEM
Indonesia Commercial Vehicle Tire Market, By Tire Construction Type
- Bias
- Radial
Indonesia Commercial Vehicle Tire Market, By Price Segment
- Ultra Budget
- Budget
- Premium
Indonesia Commercial Vehicle Tire Market, By Region
- Java
- Sumatra
- Kalimantan
- Bali
- Others
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Indonesia Commercial Vehicle Tire Market.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.
Table of Contents
1. Product Overview2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Aided & Unaided Brand Recall
4.2. Factors Influencing Purchase Decision
4.3. Brand Satisfaction Level
5. Indonesia Commercial Vehicle Tire Market Outlook, 2016-2026F
5.1. Market Size & Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share & Forecast
5.2.1. By Vehicle Type (Truck, Bus/Van, OTR)
5.2.2. By Demand Category (OEM, Replacement)
5.2.3. By Tire Construction Type (Radial, Bias)
5.2.4. By Price Segment (Budget, Ultra Budget, Premium)
5.2.5. By Region
5.2.6. By Company (2020)
5.3. Market Map (By Vehicle Type, By Demand Category, By Tire Construction Type, By Price Segment, By Region)
6. Indonesia Truck Tire Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Light Duty Truck, Medium Duty Truck and Heavy-Duty Truck)
6.2.2. By Demand Category
6.2.3. By Tire Construction Type
6.2.4. By Price Segment
6.2.5. By Rim Size (Up to 16'', 17"- 20'', Above 20'')
6.3. Prominent Tire Sizes
6.4. Pricing Analysis
7. Indonesia Bus/Van Tire Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type (Bus and Van)
7.2.2. By Demand Category
7.2.3. By Tire Construction Type
7.2.4. By Price Segment
7.2.5. By Rim Size (Up to 16'', 17"- 20'', Above 20'')
7.3. Prominent Tire Sizes
7.4. Pricing Analysis
8. Indonesia OTR Tire Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type (Agricultural Vehicles, Mining, Construction and Industrial Vehicle, Others)
8.2.2. By Demand Category
8.2.3. By Tire Construction Type
8.2.4. By Price Segment
8.2.5. By Rim Size (Up to 25", Above 25"))
8.3. Prominent Tire Sizes
8.4. Pricing Analysis
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends and Developments
11. Supply Chain Analysis
12. Policy and Regulatory Landscape
13. Impact of COVID-19 on Indonesia Commercial Vehicle Tire Market
14. List of Prominent Dealers & Distributors
15. Indonesia Economic Profile
16. Competitive Landscape
16.1. PT Sumi Rubber Indonesia
16.2. PT Hankook Tire Indonesia
16.3. PT Elangperdana Tyre Industry
16.4. PT Industri Karet Deli
16.5. PT Gajah Tunggal Tbk
16.6. PT Bridgestone Tire Indonesia
16.7. PT Multistrada Arah Sarana Tbk.
16.8. The Yokohama Rubber Co., Ltd.
16.9. PT Goodyear Indonesia
16.10. PT Continental Tyres Indonesia
17. Strategic Recommendations
18. About the Publisher & DisclaimerList of FiguresFigure 1: Indonesia Commercial Vehicle Tire Market - Aided Brand Recall (N=100)
Figure 2: Indonesia Commercial Vehicle Tire Market - Unaided Brand Recall (N=100)
Figure 3: Indonesia Commercial Vehicle Tire Market - Factors Influencing Purchase Decision (N=100)
Figure 4: Indonesia Commercial Vehicle Tire Market - Brand Satisfaction Level, By Lifetime (N=100)
Figure 5: Indonesia Commercial Vehicle Tire Market - Brand Satisfaction Level, By Traction (N=100)
Figure 6: Indonesia Commercial Vehicle Tire Market - Brand Satisfaction Level, By Frequency of Breakdown (N=100)
Figure 7: Indonesia Commercial Vehicle Tire Market - Brand Satisfaction Level, By Vehicle Compatibility (N=100)
Figure 8: Indonesia Commercial Vehicle Tire Market - Brand Satisfaction Level (N=100)
Figure 9: Indonesia Commercial Vehicle Tire Market Size, By Volume (Million Units), By Value (USD Billion), 2016-2026F
Figure 10: Indonesia Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2016-2026F
Figure 11: Indonesia Commercial Vehicle Tire Market Share, By Demand Category, By Volume, 2016-2026F
Figure 12: Indonesia Commercial Vehicle Tire Market Share, By Tire Construction Type, By Volume, 2016-2026F
Figure 13: Indonesia Commercial Vehicle Tire Market Share, By Price Segment, By Volume, 2016-2026F
Figure 14: Indonesia Commercial Vehicle Tire Market Share, By Region, By Volume, 2016-2026F
Figure 15: Indonesia Commercial Vehicle Tire Market Share, By Company, By Volume, 2020
Figure 16: Indonesia Commercial Vehicle Tire Market Map, By Vehicle Type, Market Size (Million Units) & Growth Rate (%)
Figure 17: Indonesia Commercial Vehicle Tire Market Map, By Demand Category, Market Size (Million Units) & Growth Rate (%)
Figure 18: Indonesia Commercial Vehicle Tire Market Map, By Tire Construction Type, Market Size (Million Units) & Growth Rate (%)
Figure 19: Indonesia Commercial Vehicle Tire Market Map, By Price Segment, Market Size (Million Units) & Growth Rate (%)
Figure 20: Indonesia Commercial Vehicle Tire Market Map, By Region, Market Size (Million Units) & Growth Rate (%)
Figure 21: Indonesia Truck Tire Market Size, By Volume (Million Units), 2016-2026F
Figure 22: Indonesia Truck Tire Market Size, By Value (USD Billion), 2016-2026F
Figure 23: Indonesia Truck Tire Market Share, By Vehicle Type, By Volume, 2016-2026F
Figure 24: Indonesia Truck Tire Market Share, By Demand Category, By Volume, 2016-2026F
Figure 25: Indonesia Truck Tire Market Share, By Tire Construction Type, By Volume, 2016-2026F
Figure 26: Indonesia Truck Tire Market Share, By Price Segment, By Volume, 2016-2026F
Figure 27: Indonesia Truck Tire Market Share, By Rim Size, By Volume, 2016-2026F
Figure 28: Indonesia Truck Tire Market, Pricing Analysis (USD), 2016-2026F
Figure 29: Indonesia Bus/Van Tire Market Size, By Volume (Million Units), 2016-2026F
Figure 30: Indonesia Bus/Van Market Size, By Value (USD Billion), 2016-2026F
Figure 31: Indonesia Bus/Van Market Share, By Vehicle Type, By Volume, 2016-2026F
Figure 32: Indonesia Bus/Van Tire Market Share, By Demand Category, By Volume, 2016-2026F
Figure 33: Indonesia Bus/Van Tire Market Share, By Tire Construction Type, By Volume, 2016-2026F
Figure 34: Indonesia Bus/Van Tire Market Share, By Price Segment, By Volume, 2016-2026F
Figure 35: Indonesia Bus/Van Tire Market Share, By Rim Size, By Volume, 2016-2026F
Figure 36: Indonesia Bus/Van Tire Market, Pricing Analysis (USD), 2016-2026F
Figure 37: Indonesia OTR Tire Market Size, By Volume (Million Units), 2016-2026F
Figure 38: Indonesia OTR Tire Market Size, By Volume (USD Billion), 2016-2026F
Figure 39: Indonesia OTR Tire Market Share, By Vehicle Type, By Volume, 2016-2026F
Figure 40: Indonesia OTR Tire Market Share, By Demand Category, By Volume, 2016-2026F
Figure 41: Indonesia OTR Tire Market Share, By Tire Construction Type, By Volume, 2016-2026F
Figure 42: Indonesia OTR Tire Market Share, By Price Segment, By Volume, 2016-2026F
Figure 43: Indonesia OTR Tire Market Share, By Rim Size, By Volume, 2016-2026F
Figure 44: Indonesia OTR Tire Market, Pricing Analysis (USD), 2016-2026FList of TablesTable 1: Indonesia Prominent Truck Tire Sizes, 2020
Table 2: Indonesia Prominent Bus/Van Tire Sizes, 2020
Table 3: Indonesia Prominent OTR Tire Sizes, 2020
Table 4: List of Prominent Tire Dealers & Distributors in Indonesia, 2021
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- PT Sumi Rubber Indonesia
- PT Hankook Tire Indonesia
- PT Elangperdana Tyre Industry
- PT Industri Karet Deli
- PT Gajah Tunggal Tbk
- PT Bridgestone Tire Indonesia
- PT Multistrada Arah Sarana Tbk.
- The Yokohama Rubber Co., Ltd.
- PT Goodyear Indonesia
- PT Continental Tyres Indonesia
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 96 |
| Published | January 2022 |
| Forecast Period | 2016 - 2026 |
| Estimated Market Value ( USD | $ 4.48 Billion |
| Forecasted Market Value ( USD | $ 4.96 Billion |
| Regions Covered | Indonesia |
